Tag: Argentina

• Friday, October 11th 2013 - 13:23 UTC

  Argentina September ‘Congress index’ inflation 2.11% and 25.44% in twelve months

  

  Argentina’s “Congress” Consumer Price Index which is an average of private consultants and is released by opposition lawmakers, showed that inflation in September increased 2.11%, the highest September since 1991, accumulating 25.44% in the last twelve months.

• Friday, October 11th 2013 - 10:18 UTC

  Uruguay: Pulp mill controversy: “Only God sets an ultimatum” Mujica tells Timerman

  

  “Only God sets an ultimatum” said Uruguay’s President José Mujica in a laconic reply to Argentine Foreign Minister Hector Timerman demand (and countdown) to return to negotiations regarding the UPM pulp plant and Montevideo’s decision to allow an increase in production.

• Friday, October 11th 2013 - 09:39 UTC

  Cristina Fernandez ‘improving favourably; cabinet chief insists Boudou executing her calls

  

  Argentine President Cristina Fernández is “improving favourably” and “controls were satisfactory” according to Thursday’s daily medical report on the patient who last Tuesday underwent surgery to have a subdural haematoma removed at the Fundacion Favaloro Institute in Buenos Aires.

• Friday, October 11th 2013 - 08:00 UTC

  Argentine billionaire ready to invest 500m dollars in Patagonia shale development

  

  Argentine billionaire Eduardo Eurnekian announced that his company Corporation America continues to work with government controlled oil company YPF “to develop projects” which could involve a 500 million dollars investment in the country’s rich shale deposits.

• Friday, October 11th 2013 - 07:52 UTC

  Argentina prepared to comply with World Bank arbitration and pay corporations with bonds

  

  Argentina will offer 500 million dollars in sovereign bonds to resolve disputes with corporations at a World Bank arbitration panel, a financial daily newspaper reported on Thursday.

• Friday, October 11th 2013 - 07:49 UTC

  Rare praise for Argentina’s economy performance from the World Bank

  

  Argentina will grow at an enviable rate compared to other countries in the region, Chief Economist for the World Bank’s Latin America and Caribbean Office Augusto de la Torre said this week, commenting on the institution’s projections for next year.

• Friday, October 11th 2013 - 07:21 UTC

  World Bank/Argentina agree on new Strategic partnership: 3bn dollars in loans

  

  The Argentine government and the World Bank agreed on Thursday in Washington on a new Strategic Partnership involving an estimated 3 billion dollars in the next three years which will concentrate on loans for education, health care and rural development.

• Thursday, October 10th 2013 - 05:24 UTC

  Government is run by a solid team following Cristina Fernandez instructions’

  

  Argentine Cabinet Chief Juan Manuel Abal Medina guaranteed there will be no political or institutional crisis due to President Cristina Fernández health condition and underlined that ‘the president’s team is solid and working with no difficulty”, following her instructions.

• Thursday, October 10th 2013 - 05:21 UTC

  Pope Francis sends his blessings to President Cristina Fernandez

  

  Pope Francis has wished President Cristina Fernández a “full health recovery” following the surgery she underwent on Monday at the Fundación Favaloro clinic in Buenos Aires. “I beg you to feel my presence. I guarantee my nearness and prayer,” the ex Argentine cardinal said.

• Thursday, October 10th 2013 - 01:01 UTC

  As Cristina Fernandez evolves favourably, debate targets acting-president Boudou

  

  While Argentine presidential spokesman Alfredo Scoccimarro confirmed that President Cristina Fernández “evolves favourably” and is “in good spirits”, the political debate on Wednesday has centred on Vice-president and acting president Amado Boudou whom the opposition argue should not lead the country given his questionable credentials and mounting legal problems